A model of household shared parking decisions incorporating equity-seeking household dynamics and leadership personality traits

Shared parking is viewed increasingly important as a way to alleviate parking problems in urban areas. To maximize the effect of shared parking initiatives, it is critical to understand the decision of households to share private parking spaces. Current models of household decision-making fail to adequately address equity seeking/avoiding household dynamics, which may negatively affect model validity. In this study, a model, which overcomes this theoretical concern, is introduced and estimated to understand the household shared parking participation decision. Specifically, the concept of leadership personality is used, jointly with individual and household character-istics, to specify the decision weight of each spouse of a couple. A choice experiment, in which individual members of couples first answer the choice questions individually and independently, and then jointly complete the choice questions, is designed to estimate the model. Estimation results, based on data collected in Qingdao, China, support the proposed model. Results show that intra-household interactions influence the households' shared parking participation decision and that households favor alternatives that provide higher equality. Age, leadership personality, household structure, and household financial management are significantly related to household member decision weights.